When Russia invaded Ukraine in February of that year, several commodities, notable metals, saw a price rise. Significant gains were seen in several resource-related stocks. Inflation, interest rates, and recession worries have contributed to the recent decline in commodity prices.
The Materials Select Sector SPDR ETF (XLB) has outperformed the overall market. XLB's one-year total return was more significant than the -8.3 percent of the Russell 1000 benchmark, at -4.3 percent. There is a chance that the data in the following tables will change after July 19, 2022. Based on pricing, growth rate, and momentum, these are the best three materials stocks to purchase right now.
With the Highest Returns on Investment in Materials
Stocks in these materials companies have had the lowest price-to-earnings ratios over the past year. A low P/E ratio indicates that you're paying less per dollar of profit thanks to dividends and share buybacks.
United States Steel Corporation is a producer of steel products. Flat-rolled and tubular goods dominate North America and Europe. According to a recent declaration by US Steel, iron ore prices are projected to climb shortly. To do this, the company's electric arc furnace fleet will be fueled by domestically sourced materials. This autumn, work will begin on the first of two new ore operations facilities that will help increase feedstock production.
Cleveland-Cliffs Inc. is a major North American flat-rolled steel manufacturer and iron ore pellet supplier. The company also sells stainless steel tubing and other products.
Dynamics of Structural Steel Steel Dynamics is carbon steel and other metals producer and recycler. Products including flat-rolled steel sheets, beams, and bars can be purchased from the company. On July 20, Steel Dynamics announced its financial results for the second quarter of 2022. Sales climbed by 39.1 percent, while the company's net income jumped by 72.2 percent. (YOY). A fall in average flat roll steel pricing impacts Steel Dynamics' profitability.
Stocks of the Fastest-Growing Material
Materials firms with the highest YOY revenue growth and YOY EPS growth in the most recent quarter are the best to invest in, according to a growth model's calculations. Sales and earnings are critical to a company's success. As a result, relying on a single metric to assess a firm's growth leaves rankings vulnerable to accounting anomalies (such as changes in tax legislation or reorganization expenditures) that might skew the company's overall picture. Companies with quarterly EPS or sales growth of above 2,500 percent were excluded from the research.
Named Cleveland-Cliffs in incorporation: See the section above to learn more about the company. It was incorporated as CF Industries Inc.: a holding company. CF Industries Holdings, a worldwide fertilizer firm, produces nitrogen and phosphate fertilizer products. Some goods it carries include ammonia, urea, urea, ammonium nitrate solution, and ammonium nitrate. If you've held your CF Industries stock since August 15, 2022, you'll get a quarterly dividend of $0.40 per common share, which will be paid out on August 31.
MP Materials produces lanthanum, cerium oxides, and carbonates, among other rare earth elements. The company has mining and processing facilities in California that it operates. A financial report from MP Materials dated May 5, covering the period from March 31 to May 5, was issued on the same day. A year-over-year increase in net income more than offset an almost fourfold increase in revenue. Competitive prices and strong cost management were essential to the company's success.
Market Leaders in the Material Sector 
Here are the best-performing materials stocks of the last year.
It was incorporated as CF Industries Inc.: a holding company. To learn more about the company, check to see the section above. The Mosaic Company is our name. Mosaic Co. produces and sells concentrated phosphate and potash, which are vital minerals for crops. Customers of this business may be located in over 40 different countries.
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